HB 735 - Teachers Retirement System; postretirement benefit increase; provisions

Sponsored By

Committees

Current Status

03/28/07 - House Second Readers

First Reader Summary

A BILL to be entitled an Act to amend Chapter 3 of Title 47 of the Official Code of Georgia Annotated, relating to the Teachers Retirement System of Georgia, so as to provide for a postretirement benefit increase for certain retired members; to provide for a recalculation of creditable service; to provide for an allocation of benefit increases; to provide that active members of such retirement system may obtain creditable service for prior service in public schools; to provide for conditions; to provide for the payment of employer and employee contributions; to provide conditions for an effective date and automatic repeal; to repeal conflicting laws; and for other purposes.

Status History

Bill History
DateAction
03/27/2007House First Readers
03/28/2007House Second Readers

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